Updated Sep 9, 2024
Drew Fenton, Michael Fenton, And Solomon Ganz Sell Condo At 1 W. Century Dr, Los Angeles For $4.9M
1 W Century Dr, Los Angeles, CA, USA
$4,900,000
$1,396/SF
Building Size
3,510 SF
Asset Type
—
Closing
Mar 10, 2021
About this deal
AI
Located at 1 W. Century Dr in Los Angeles, this condo was recently sold in a closed transaction. The property spans 3,510 square feet and features a luxurious and spacious layout. The asking price for this condo was $4,999,000, but it was ultimately sold for $4,900,000. This calculates to a price per square foot of $1,396. The sale of this condo was finalized on March 11, 2021.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,900,000
- Address: 1 W. Century Dr, Los Angeles
- Square Footage: 3,510 sqft
- Asking Price: $4,999,000
- Price per Square Foot: $1,396
Representing the parties involved in this transaction were brokers Michael Fenton, Drew Fenton, and Solomon Ganz. Their expertise and guidance helped facilitate the successful sale of this condo.
Players
Los Angeles CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $4.9M for 3,510 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93